To expedite the scheduling process, a project manager alters an existing schedule management plan from a previous program for use on the current one. In this case, the schedule management plan reflects:

Organizational process assets contain historical information from past archived projects, lessons learned, templates, policies, procedures, and other valuable information. In this case, the project manager is using a previous schedule management plan as a template and tailoring it for use by the current project. This is recommended practice and prevents having to reinvent the wheel for every project. Instead, the effort is placed on increasing the efficiency and refining existing practices and templates.